QATAR is ready to invest in premiership clubs for the first time.
And PSG boss Nasser Al-Khelaifi has already spoken “several times” with Daniel Levy about a possible stake in Tottenham.
A source close to Al-Khelaifi confirms that he has spoken to Levy about possible next steps as part of a post-World Cup investment policy change.
People close to Levi say he met Al-Khelaifi purely “as friends.”
However, according to The Telegraph, QSI is considering bidding.
Industry sources say QSI has been offered a 25% stake in Spurs for just under €1 billion.
QSI has been holding back on global activities ahead of the World Cup, but now that that phase is over, Qatar is about to make a big move.
The investment fund acquired a 21.7% stake in Braga, Portugal for €80m.
QSI has also launched a new world tour for padel, a racquet sport that combines tennis and squash.
But now QSI is targeting the premiership, and talks with Levy are likely the first sign of a new strategy.
Since the Qataris currently have no stake in any Premier League club, QSI could theoretically buy Spurs, Liverpool and Manchester United (all officially on the market) straight out of the box.
However, UEFA’s sporting and ownership rules preclude holding more than a 30% stake in a club that competes with PSG in the Champions League.
Unless he sells PSG, he would be a minority stakeholder in one of the big six clubs, which is unthinkable at this stage.
It is also possible to invest in some clubs as a minority shareholder in anticipation of the long-term continued growth of Prem, the number one domestic league in the world.
But even just taking a 25% stake in Tottenham would mean investing more than €792m in a North London club, which could mean a hefty transfer fee.
UEFA’s new rules stipulate that clubs can spend up to 90% of their annual income, a percentage that will drop to 70% over the next three seasons.
However, while no firm decisions have been made and no target clubs have been set, Qataris believe that the current weakness of the pound in international markets makes this investment opportunity too much to pass up.
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